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501 NE 31st St
Miami, FL 33137 Edgewater

$1,050,000 USD

Apartments Condo For Sale  •  1,012 SF

Property Details

  • Property Type Apartments
  • Total Building Size 750,620 SF
  • Lot Size 1.61 AC
  • Building Class A
  • Year Built 2018
  • Zoning 4604
60 Transit Score
80 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit CU-4 Office/Retail 1,012 SF $1,050,000 USD
  • Unit Size: 1,012 SF
  • Condo Use: Office/Retail
  • Price: $1,050,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $1,037.55 USD
Description
Position your business in the center of one of Miami’s most established luxury residential districts. Unit CU-4 is a street-level commercial condominium located at Paraiso Bayviews, within the four-tower Paraiso District in Miami’s Edgewater neighborhood.

The property offers direct pedestrian access, expansive glass frontage and a flexible commercial layout suitable for a variety of owner-user or investment strategies. Potential concepts include boutique retail, medical or wellness services, beauty and personal care, a showroom, creative studio, professional office, specialty market or other neighborhood-serving business, subject to condominium and governmental approvals.

The location benefits from a substantial built-in residential customer base within Paraiso and the surrounding Edgewater towers. Biscayne Boulevard and I-195 provide convenient connectivity to Midtown, Wynwood, the Miami Design District, Downtown Miami and Miami Beach.

The surrounding 33137 trade area has approximately 29,400 residents, a median age of 34.9, median household income of approximately $94,000 and a highly educated population, with more than half of adults holding a bachelor’s degree or higher.

Sale Notes
Commercial condominium Unit CU-4 is offered for sale at $1,050,000. The property provides an opportunity for an owner-user or investor seeking street-level commercial presence within the Paraiso District and Miami’s Edgewater neighborhood.

Contact the listing broker for occupancy information, association documents, parking details, financial information and showing instructions. Buyer shall independently verify square footage, condominium restrictions, permitted uses, utility capacity, parking, taxes, assessments and all other property information.

Description

Street-level retail condominium at Paraiso Bayviews in Miami’s Edgewater neighborhood. Direct entrance, glass storefront and flexible commercial layout within the four-tower Paraiso District. Convenient to Biscayne Boulevard, Midtown, Wynwood, the Design District, Downtown and Miami Beach.

Highlights

Street-level commercial condominium in Paraiso Bayviews
Direct pedestrian entrance and prominent glass storefront
Located within Edgewater’s four-tower Paraiso District
Surrounded by luxury residential towers and a built-in neighborhood customer base
Flexible configuration for retail, showroom, wellness, beauty, studio, office or professional-service concepts
Strong owner-user or investment opportunity

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Business Center
  • Cable Ready
  • Controlled Access
  • Clubhouse
  • Concierge
  • Dishwasher
  • Disposal
  • Fitness Center
  • Microwave
  • Playground
  • Pool
  • Property Manager on Site
  • Sauna
  • Spa
  • Storage Space
  • Tennis Court
  • Washer/Dryer
  • Waterfront
  • Gated
  • Heating
  • Grill
  • Media Center/Movie Theatre
  • Double Vanities
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Bicycle Storage
  • Dock
  • Elevator
  • Lounge
  • Sundeck
  • Den
  • Island Kitchen
  • Office
  • Pantry
  • Wet Bar
  • Window Coverings
  • Floor to Ceiling Windows

Public Transportation

Commuter RailDriveWalkDistance
Allapattah Station Rail Northbound (REGULAR METRORAIL SERVICE - Miami-Dade Transit (Metrorail/Metromover)) 6 min - 2.4 mi
Miamicentral Station (Metrorail Transfer - MiamiCentral - Tri-Rail, West Palm Beach - MiamiCentral - Tri-Rail) 7 min - 2.6 mi
AirportDriveWalkDistance
Miami International 22 min - 10.2 mi
Fort Lauderdale/Hollywood International 32 min - 22.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Covered
Included in Rent: Yes
Stephania Stefanelli 305-924-1726 Douglas Elliman
Stephania Stefanelli 305-924-1726 Douglas Elliman